The senator said the provision, as passed by the Senate Banking Committee, should remain in any version brought to the floor amid uncertainty over some law enforcement-related elements.
Senator Ron Wyden is pressing Senate leaders to preserve the Blockchain Regulatory Certainty Act in any version of the Clarity Act that reaches the Senate floor. The request centers on the version passed by the Senate Banking Committee and comes as uncertainty surrounds whether some key law enforcement-related provisions will remain in the broader legislation. The move matters for the digital-asset industry because the Clarity Act is tied to the U.S. approach to crypto market structure, while the Blockchain Regulatory Certainty Act is generally associated with defining how certain blockchain participants are treated under regulation.